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Property summary
This exceptional 0.57-acre commercial property located at 5634 W Jefferson Boulevard in Fort Wayne, Indiana, presents a unique investment opportunity. The property boasts a substantial 24,829 square feet of land, offering significant development potential. Currently configured as a multi-use building, it's adaptable to various commercial ventures. The existing structure is comprised of sixteen rooms, currently utilized for professional businesses and apartments. The layout includes four bathrooms on the upper floor and nine on the lower floor, providing ample facilities. Convenient access is available from both the front and rear of the lot, enhancing functionality and accessibility. The asking price for this prime Allen County property is $1,188,000. Its strategic location in Fort Wayne, with zip code 46804, offers excellent visibility and proximity to key transportation routes. This versatile property is ideal for investors seeking a high-return opportunity with significant redevelopment potential or a ready-to-use multi-unit building. The substantial size and existing infrastructure make it an attractive proposition for a wide range of commercial uses. This is a rare chance to acquire a significant commercial property in a thriving Indiana market.
Property profile
VerifiedCap rate & NOI
Current use
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Alternative Medicine Practice Spa & Massage Center
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Alternative Medicine Practice Spa & Massage Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Fort Wayne market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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